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Carnegie Steel was founded in 1892 when Andrew's various steel mills were merged together. http://www.spartacus.schoolnet.co.uk/USAcarnegie.htm

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15y ago
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16y ago

In 1901 to J. P. Morgan.

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11y ago

1903

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Q: When did Andrew Carnegie sell his steel industry?
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What is is an example of service industry and manufacturing industry?

Example for service industry would be Banking, Insurance, Investment etc.. Via., Example for manufacturing industry would be Iron and steel industry, Textile industry, Pharmaceutical industry etc.. In brief service industry is meant to render services to consumers(end users). Via., Manufacturing industry is to produce/manufacture goods, and sell it to customers(who might be not end users of products) and consumers.


Why is manufacturing an important industry?

Well, in simple terms you've got three main sectors of the economy. There's primary industry at the start of the chain, which includes miners, farmers, and anybody else who collects raw materials. Secondary industry encompasses manufacturing, and everybody else who takes those raw materials and processes them into something useful. At the other end of the chain is tertiary industry, which sells those products on to you and me in shops. If manufacturing didn't take place, the primaries would have nobody to sell their raw materials to, while the tertiaries wouldn't have anything to stock the shelves in their shops. Perhaps more importantly than any of this, if the secondary industry didn't exist, our houses would be empty, for nobody would have manufactured any of the things we use. And our houses wouldn't be here either, as nobody would have built them. And then we'd be right up a certain creek without a paddle. Because nobody would have bothered to make a paddle.


What is a Manufacturing concern?

A manufacturing concern produce goods to sell to merchandising firms. On the other hand, a merchandising concern, derives its revenue through the provisioning of products provided or manufactured by others.


What does production department do?

They produce what the company wnats to sell. If a toy company wants to sell teddys then the production department will make teddy. They will turn raw materials iinto teddys.


Why was railroads the key to American industry?

It made it quicker and easier to travelALSOThe cost of shipping goods went down. A company could produce and ship more things to more people. One reason many big companies were in Chicago is that it was the hub for all trains going east and west. A company like Sears would open a warehouse and could ship every item from their catalog to any place in the country (that's what they did too). That in turn had a way to have companies make and sell more. A person who made dolls for Sears would make more dolls and growth took place in business all the way around.

Related questions

Why did Andrew carnegie sell his steel industry to j.p. Morgan?

the price was right


What did Andrew Carnegie's company make and sell?

he made it out of steel


How much did Carnegie sell his steel company for?

480 million


Does Home Depot sell steel sheeting to their customers?

From my local home depot, they do not sell steel sheeting to the customers. I would suggest calling a steel reseller and maybe you can work out a deal for steel sheeting.


Does home depot sell stainless steel refrigerators?

Home Depot does, indeed, sell stainless steel refrigerators. The general cost is fairly low as well.


How does the economy affect the success of the automotive industry?

The automobile industry is an expensive industry to be in and to stay in business they have to sell cars.


What the pharmaceutical industry should not do and why?

Sell narcotics


Does A and P sell steel cut oats regular?

no


Where do they sell steel barricades?

They sell steel barricades on Amazon.com. This is a great website to buy from. Also, ebay is a great website where you might find a better bargain in an auction.


What is is an example of service industry and manufacturing industry?

Example for service industry would be Banking, Insurance, Investment etc.. Via., Example for manufacturing industry would be Iron and steel industry, Textile industry, Pharmaceutical industry etc.. In brief service industry is meant to render services to consumers(end users). Via., Manufacturing industry is to produce/manufacture goods, and sell it to customers(who might be not end users of products) and consumers.


What stores sell the product 'Steel Libido'?

Steel Libido product are available in many local and online retailers. Some of the stores online that sell Steel Libido products are the Vitamin Shoppe, and Body Building to mention a few.


What types of products does AK Steel sell?

AK Steel manufactures and sells low carbon and ultra-low carbon steel, stainless steel, electrical steel, cold rolled and aluminum coated stainless steel.